Accounting Basics for Entrepreneurs

Please register for “Accounting and Financial Management, Session 1: Accounting Basics” by visiting https://attendee.gotowebinar.com/register/8883306698244066063. After registering, you will receive a confirmation email containing information about joining the webinar.

Session I: Accounting Basics

When you start a new business, accounting may be one of the topics that causes you anxiety and confusion. However, understanding the principals of accounting and effectively understanding and managing your finances is essential to profitable and sustainable business. During this session, entrepreneurs will be introduced to basic accounting principles, accounting concepts, and accounting terminology.

Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. You will become familiar with accounting debits and credits and how to record transactions. You will also learn the 3 essential financial statements and how they depict the financial health of your business at given points in time.

There is no cost to attend this informational webinar; however, you must be registered on GoToWebinar to participate. Please secure your spot today by visiting https://attendee.gotowebinar.com/register/8883306698244066063. After registering, you will receive a confirmation email containing information about joining the webinar.

In order to attend, all participants must be a Certified Small and Emerging Business via Louisiana Economic Development’s Small and Emerging Business Development (SEBD) Program. Please note that there is no cost associated with SEBD certification, and most startups meet SEBD eligibility requirements.

To become a Certified SEBD, click here. If you should have any questions, please email us at WBRC@UrbanLeagueLA.org.